PHILADELPHIA, June 10, 2016 /PRNewswire/ — Philadelphia City officials, business, labor and arts leaders, and representatives of Apartment Investment and Management Company (Aimco) formally opened the Park Towne Place Museum Residences at a ribbon-cutting ceremony yesterday afternoon.
Aimco is investing $200 million in the community which consists of four, 18-story towers with 959 apartment homes in a prime location along the Benjamin Franklin Parkway. Built in 1959, Park Towne Place is on the National Register of Historic Places, believed to be the first mid-century modern, multi-family apartment community in the Commonwealth to earn the prestigious designation. Aimco’s revitalization of Park Towne preserves the historic character of the property while creating a contemporary living space with modern conveniences, high-end finishes and attractive amenities.
http://www.prnewswire.com/news-releases/philadelphia-city-officials-celebrate-the-grand-opening-of-aimcos-park-towne-place-museum-district-residences-300283050.html